- Elgar original reference
Edited by Marta Sinclair
3 Intuition and unconscious thought Madelijn Strick and Ap Dijksterhuis1 Some people possess remarkable intuition. Gary Kasparov is the greatest chess player in the world because he has a better ‘chess sense’ than other grandmasters. He can anticipate his competitor’s moves, calculate all possible positions, and decide on the most appropriate next move, all in a very brief period of time. Warren Buffet, the ‘oracle of Omaha’, is one of the most successful investors in the world because he has a better ‘market sense’ than other traders. He has the mysterious ability to know when to buy and when to sell. More importantly, he is able to pick stocks that become clear winners in the long run. How do these people arrive at such great decisions? Clearly, they have a very high level of intelligence and a lot of expert knowledge and experience. Precisely because they are so experienced and skilled, they can trust their intuition to arrive at sound decisions without much deliberation. They easily grasp the essence of complicated issues and come up with the appropriate answer relatively quickly. Although we may not become as brilliant as Kasparov or Buffet, there is reason to believe that we can improve our intuition by adopting a decision-making style that fosters the reliability of intuition. We define intuition as the feeling of knowing what one has to do – go right instead of left, buy stock A rather than B, or not quite trust the person approaching – without necessarily being able to...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.